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04-22-02 Council Meeting Minutes
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04-22-02 Council Meeting Minutes
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City Council - City Clerk
City Council - Document Type
Council Mtg Minutes
City Counci - Date
4/22/2002
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REGULAR MEETING APRIL 22, 2002 <br />Thirteen (113), of the Third Plat of Out Lots of the town. <br />Parcel #3 The Section of the Old Kankakee Mill Race Bounded on <br />the South by Lots One (1) and Two (2) of Kent and Garrison's <br />Subdivision, on the East by the West edge of the North/South alley <br />between Cushing and Scott Street, on the North by Lot Twenty -three <br />(23) of Kent's Subdivision of Bank Outlot One Hundred Fourteen <br />(114) and Part of Bank Outlot One Hundred Thirteen (113) and on <br />the West by the East edge of Cushing Street. <br />Parcel #4 Lot Numbered Two (2) in Kent and Garrison's Subdivision <br />of Out lot One (1) of Henrick's and Grant's Addition to the Town. <br />and which has Key Numbers 18- 1055 -2345, 18- 1055 -2331, and 18- 1055 -2346 be designated as an <br />Economic Revitalization Area under the provisions of Indiana Code 6 -1.1 -12.2 et se q., and South <br />Bend Municipal Code Sections 2 -76 et se ., and; <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before <br />the Council has been published pursuant to Indiana code 6 -1.1- 12.1 -2.5; and <br />WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances <br />and objections from interested persons; and <br />WHEREAS, the Council has determined that the qualifications for an economic revitalization <br />area have been met. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br />SECTION I. The Common Council pursuant to Section 2 -84 of the South Bend Municipal <br />Code finds the ten 10 years is the appropriate and rational time period for this tax abatement in <br />light of the following: <br />The building is being built in a location that has a history of disinvestment, blighted <br />structures and debilitating social activity. <br />2. The building is within The City of South Bend and SBHF's targeted area for <br />development. SBHF's goal is to clear substandard properties and undesirable <br />businesses between the Center City and the 900 block of LWW. <br />This project will enhance the millions of dollars that the City of South Bend has <br />spent on infrastructure improvements along LWW. <br />SECTION II. The Common Council hereby confirms its Declaratory Resolution designating <br />the area described herein as an Economic Revitalization Area for the purposes of tax abatement. <br />Such designation is for Real property tax abatement only and is limited to two (2) calendar years <br />from the date of adoption of the Declaratory Resolution by the Common Council. <br />SECTION III. The Common Council hereby determines that the property owner is qualified <br />for and is granted Real property tax deduction for a period of ten 10 years, and further determines <br />that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend <br />and Indiana Code 6- 1.1 -12 et. se g. <br />
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